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ISHA Indicator v.8 - more than 70% winning rate

Published: 11.11.2020
Reading time: 10 minutes
6
2027

ISHA Indicator v.8 is a very easy-to-analyze arrow trading tool with impressive accuracy - more than 70% of winning trades. This indicator has no repainting at all - 100% non-repaint.

Characteristics of the ISHA Indicator v.8

A little about the indicator and its settings

Based on the indicator settings, I dare to assume that it is based on the upgraded ATR (Average True Range) indicator:

indicator-inputs

Here 5 lines are directly the main settings of the indicator:

  • Source
  • ATR Timer
  • ATR Multiplier
  • Reactor (0.1)
  • Changing ATR method?

The rest of the lines are the notification system:

  • Phone notifications
  • Email notifications
  • Popup notifications

And the last three lines of visual text customization (BUY and SELL):

  • Text Width
  • Buy Text Color
  • Sell Text Color

Trading rules

Buy Green arrow – open Long position:

isha-indicator-buy-signal

Sell Red arrow – open Short position:

isha-v8-sell-signal

Stop Loss should be set a few pips above / below the last local price high / low. To control an open position, you can use a Trailing Stop. Or exit when the opposite signal appears.

Take Profit ≥ 2*Stop Loss.

I bring to your attention a demo video of the signals of the indicator of an earlier 5th version on EURUSD M1 from 09.09.2020:

Like most similar indicators, ISHA v.8 has one significant drawback - it is flat (sideways movement of the market). It is worth being wary of and not trading in the Asian session on small timeframes.

Additional filters and training on a demo account will not be superfluous.

In the archive ISHA_Indicator.rar (43.2 Kb):

  • ISHA INDICATOR Version 8.ex4
  • ISHA template.tpl

Free Download ISHA Indicator v.8

Get the X Trend Premium
Author:
Daniel
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Comments:
  • Shashank Mabrumakar
    Published: 12.11.2020 Reply to the message

    Omg i was finding this version for whole 1 week thank you :P =)

    • tauphik
      Published: 14.11.2020 Reply to the message

      can u provide me other version of isha indicator....

  • Walkman
    Published: 15.11.2020 Reply to the message

    No indicator HTTP ERROR 404

    • Daniel
      Published: 15.11.2020 Reply to the message

      You can download it HERE ➔ View Post (Alternative Link)

  • Arifuddin amin
    Published: 28.11.2020 Reply to the message

    thank you

  • Sabarinathan J
    Published: 28.11.2020 Reply to the message

    how to open isha indicator? need mql4 file. can anybody share?

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